Shares of Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $8.48, but opened at $7.60. Citic shares last traded at $7.60, with a volume of 498 shares.
Citic Trading Down 10.8%
The company has a current ratio of 0.42, a quick ratio of 0.41 and a debt-to-equity ratio of 1.21. The stock’s 50-day simple moving average is $8.33 and its 200-day simple moving average is $7.98.
About Citic
CITIC Limited is a China-based diversified investment and operating company formerly known as CITIC Pacific. The company is part of the broader CITIC Group and manages businesses across financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate, and consumer products and services.
Its financial services operations include banking, trust, securities, insurance, asset management, and other related activities. Outside financial services, CITIC has interests in areas such as special steel, energy and mineral resources, infrastructure construction, property development, automotive components, and consumer-oriented businesses.
CITIC serves customers and business partners primarily in mainland China while maintaining international operations and investments.
Recommended Stories
- Five stocks we like better than Citic
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Citic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citic and related companies with MarketBeat.com's FREE daily email newsletter.
